| Schedule of Carrying Amounts and Classification of the VIEs' Assets and Liabilities Included in the Consolidated Balance Sheets |
The carrying amounts and classification of the VIEs’ assets and liabilities included in the consolidated balance sheets are as follows (in thousands): | | | | | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | Assets | | | | | | Current assets | | | | | | Cash | | $ | 428,960 | | | $ | 539,440 | | | Restricted cash | | 55,906 | | | 59,010 | | | Accounts receivable, net | | 123,482 | | | 118,907 | | | Inventories | | 139,389 | | | 180,841 | | | Prepaid expenses and other current assets | | 6,191 | | | 64,588 | | | Total current assets | | 753,928 | | | 962,786 | | | Energy systems, net | | 14,064,206 | | | 13,777,190 | | | Other assets | | 929,609 | | | 853,713 | | | Total assets | | $ | 15,747,743 | | | $ | 15,593,689 | | | Liabilities | | | | | | Current liabilities | | | | | | Accounts payable | | $ | 5,107 | | | $ | 5,125 | | Distributions payable to noncontrolling interests and redeemable noncontrolling interests | | 47,939 | | | 47,073 | | | Accrued expenses and other liabilities | | 50,921 | | | 110,390 | | | Deferred revenue, current portion | | 80,705 | | | 77,663 | | | | | | | | Non-recourse debt, current portion | | 57,441 | | | 54,129 | | | Total current liabilities | | 242,113 | | | 294,380 | | | Deferred revenue, net of current portion | | 974,853 | | | 947,578 | | | | | | | | Non-recourse debt, net of current portion | | 1,343,476 | | | 1,380,406 | | | Other liabilities | | 21,390 | | | 20,765 | | | Total liabilities | | $ | 2,581,832 | | | $ | 2,643,129 | |
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